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The settlement pushes the cost of the scandal to more than $US23 billion in the US and Canada

VW pleads guilty, to pay $5.8 billion

Volkswagen took a major step toward resolving one of the darkest chapters in its history Wednesday, pleading guilty to an emissions-cheating scandal and agreeing to pay $US4.3 billion ($5.8 billion) in criminal and civil charges as the US announced charges against five new individuals.

Escondida, which churned out 1.2 million metric tons of the red metal in 2015, will serve as a precedent for the other ...

BHP wage showdown in Chile

A wage negotiation at the world's top copper mine is showing the downside for producers of recovering prices.

The drive since last year by the world's largest steel producer to reduce surplus capacity has helped Chinese steel ...

Iron ore retakes $US80 mark

Iron ore and steel futures in China advanced for a third session on Wednesday, hitting their strongest in three weeks

The Jiujiang steel and rolling mills in Qianan in northern China's Hebei province.

China's steel mill closing 'political mission'

Beijing's sustained efforts to tackle excess steel production capacity has sent steel and iron ore futures in China upwards for a third day in a row to hit their strongest mark in three weeks.

The big four banks pay out more than $20 billion a year in dividends.

Banks can keep paying juicy divvies

Bank's juicy dividends can be sustained in the face of looming increases in capital requirements, as lenders have probably raised the vast majority of the capital they will need, according to new analysis from Credit Suisse.

Primary Health Care chief executive Peter Gregg has received support from shareholders.

Primary shareholders 'back' embattled CEO

Primary Health Care's board believes it has the backing of shareholders if it decides to retain the company's embattled chief executive Peter Gregg as he fights criminal charges.

Juliet Huddy accused Bill O'Reilly of trying to derail her career after she rebuffed his sexual advances.

Fox host Bill O'Reilly caught up in sexual harassment scandal

In the weeks after Roger Ailes was ousted as the chairman of Fox News in July, amid a sexual harassment scandal, company executives secretly struck an agreement with a longtime on-air personality who had come forward with similar accusations about the network's top host, Bill O'Reilly.

Lacker, 61, was a voice of restraint in the use of monetary policy and the central bank's balance sheet as the Fed used ...

Fed hawk Lacker to retire

Jeffrey Lacker's retirement in October will mark the exit of one of the US central bank's most steadfast inflation fighters.

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